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joilgc225
Returning Member

Investment Opportunities

Are IRAs and 401Ks good investment opportunities or solely retirement plan preparations? What are the benefits or pitfalls? What financial organizations would be good options to explore? What are some other investment suggestions?
2 Replies
NCperson
Level 15

Investment Opportunities

there are entire books on this subject; suggest visiting the local library 

marketstar99
Level 3

Investment Opportunities

IRA’s and 401(k)’s can be good investment opportunities depending on the investment opportunities available to you in any given account.

 

The main benefit to both is that they are tax advantaged accounts. One possible pitfall is a poor choice of investments.

 

Two of the largest, most reputable financial institutions are Vanguard and Fidelity. Between the two, Vanguard has the reputation as the lowest cost investment provider.

 

Investing is a very broad subject. If you have additional specific questions, we will be glad to help.

 

Kind Regards,
Marketstar

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